Spread before costs (cost unknown: a leg has no order-book sample)−0.029%
7d average—if it closes, per $10,000$3funding while held, a day+$9.48
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange VIRTUALUSD | 0.7008 | −0.0216 | get 0.0027% / 1h | 42m 04s | $2K | $131 | 10x |
| Short | Bitget VIRTUALUSDT | 0.7006 | 0.0100 | get 0.0050% / 4h | 2h 42m | $6.0M | $5.3M | 25x |
Bitget VIRTUALUSDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$2.85
- Funding while held
- $9.48
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$12.37
- Spread needed to break even
- 0.190%
Slippage unknown: 01 Exchange: no order-book sample; Bitget: live order book, 3 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0316%
- Per $10,000 a day
- +$9.48
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy 01 Exchange no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 3 min ago | 0.71 bp | 13.8 bp −$14 | 26.0 bp −$260 | doesn't fit | doesn't fit |
01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
VIRTUAL price on every exchange
against the cheapest. Click to use as the short leg.Injective0.6744cheapestOKX0.7001+3.811%Bybit0.7003+3.840%MEXC0.7003+3.840%Lighter0.7003+3.843%Extended0.7005+3.863%Binance0.7005+3.870%SoDEX0.7005+3.870%Gate0.7006+3.885%
Injective
OKX
Bybit
MEXC
Lighter
Extended
Binance
SoDEX
GateBitget0.7006+3.885%
BingX0.7006+3.885%Aevo0.7007+3.897%KuCoin0.7007+3.900%Backpack0.7009+3.929%Orderly0.7009+3.929%Deribit0.7009+3.929%Reya0.7011+3.964%SunX0.7014+4.004%Aster0.7014+4.007%Hyperliquid0.7014+4.009%Polymarket Perps0.7014+4.009%Pacifica0.7016+4.036%gTrade (Gains Network)0.7017+4.049%GMX0.7017+4.053%Kraken Futures0.7020+4.093%BloFin0.7023+4.137%Phoenix0.7032+4.272%ApeX Omni0.7047+4.493%edgeX0.7048+4.511%Variational Omni0.7067+4.793%Coinbase International0.7113+5.472%
BingX
Aevo
KuCoin
Backpack
Orderly
Deribit
Reya
SunX
Aster
Hyperliquid
Polymarket Perps
Pacifica
gTrade (Gains Network)
GMX
Kraken Futures
BloFin
Phoenix
ApeX Omni
Variational Omni
Coinbase InternationalVIRTUAL on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective VIRTUAL/USDC PERP | −3.767% | +0.0033% | 1h | $43 | $28K | 5.5x | as long as short |
| OKX VIRTUAL-USDT-SWAP | −0.100% | +0.0100% | 4h | $2.7M | $9.8M | 20x | as long as short |
| Bybit VIRTUALUSDT | −0.071% | −0.0298% | 4h | $15.4M | $15.5M | 50x | as long as short |
| MEXC VIRTUAL_USDT | −0.071% | +0.0100% | 4h | $15.9M | $4.0M | 100x | as long as short |
| Lighter VIRTUAL | −0.068% | −0.0216% | 1h | $318K | $389K | 5x | as long as short |
| Extended VIRTUAL-USD | −0.049% | +0.0104% | 1h | $55K | $245K | 10x | as long as short |
| Binance VIRTUALUSDT | −0.043% | +0.0100% | 4h | $16.0M | $36.2M | 75x | as long as short |
| SoDEX VIRTUAL-USD | −0.043% | −0.0136% | 1h | $1K | $9K | 5x | as long as short |
| Gate VIRTUAL_USDT | −0.029% | +0.0084% | 4h | $1.4M | $3.0M | 75x | as long as short |
| Bitget VIRTUALUSDTshort | −0.029% | +0.0100% | 4h | $6.0M | $5.3M | 25x |